Among individual stocks, chocolate company Hershey slumped after cutting its revenue forecast.

KEEPING SCORE: The Dow Jones industrial average fell 53 points, or 0.3 percent, to 18,062 at 2:06 p.m. Friday on Wall Street. The Standard ... Poor's 500 index slipped five points, or 0.3 percent, to 2,115. The Nasdaq composite lost eight points, or 0.2 percent, to 5,124. The market was coming off a rally that sent the Nasdaq to a record high the day before.

THE QUOTE: "Even without the events in Greece hovering over the market and causing concern over the negotiations, a move like yesterday is typically followed by a bit of a pullback," said Quincy Krosby, market strategist for Prudential Financial.

UNAPPETIZING OUTLOOK: Hershey fell 3.3 percent after the chocolate and candy maker and cut its revenue outlook for the year because of weak demand in China. The company also said it plans to cut about 300 jobs by the end of the year. The stock lost $3.20 to $89.06.

Earnings got a boost from higher home prices. The stock added $1.62 to $16.58.

A FOOTHOLD: Investors welcomed news that activist investor firm Jana partners has taken a 7.2 percent stake in ConAgra Foods.

Jana said ConAgra's results have been disappointing since it bought Ralcorp, the owner of Post cereals, in January 2013, and asked the packaged food company to extend the deadline for nominating board candidates.

EUROPE: Markets were mixed in Europe. The European Central Bank agreed to provide temporary support for Greece's banks ahead of an emergency summit meeting next week. That meeting could determine Greece's future in the euro.

Greece's main stock index has slumped 11 percent this week.

ASIA'S DAY: In China, the main stock index plunged, raising concerns that a bubble in the market may have burst. The Shanghai Composite Index tumbled 6.4 percent and is 13 percent lower for the week. The index has more than doubled in the past year.

CURRENCIES: The dollar fell to 122.61 yen from 123.04 yen on Thursday. The euro fell against the dollar to $1.1357 from $1.1371.